MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0399%/8h= +43.7% APRnext payment +$0.50 per $10,000 · paid last 24h +0.138%

Price spread now: Kraken Futures against Injective−0.421%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 0.421% cheaper against Injective than usual: you would sell low and buy high (spread −0.421% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$42 on $10k: about 3.5 days of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MNT/USDC PERP	0.6526	−0.0080	get 0.0010% / 1h	8m 33s	$3K	$210K	12x
Short	Kraken Futures PF_MNTUSD	0.6499	0.0319	get 0.0040% / 1h	8m 33s	$17K	$20K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −0.421%Rate

Funding earned: $83.81
Price spread: −0.421% → 0.000%: −$42.11
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $31.69
Costs to cover: 0.100%
Break-even: 4.4 days

Slippage unknown: Injective: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Injective and Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MNT on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX MNT/USD [ETH-USDC]	L −0.2622% / S +0.0192%	1h	0.6482	−0.675%	$19	—	100x	as long as short
Injective MNT/USDC PERPlong	−0.0080%	1h	0.6526	long leg	$3K	$210K	12x
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6484	−0.645%	$779	—	150x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6492	−0.515%	$6.5M	$920K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6483	−0.659%	$42.5M	$14.1M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6461	−0.996%	$408K	$137K	25x	as long as short
MEXC MNT_USDT	+0.0100%	8h	0.6482	−0.674%	$2.5M	$596K	100x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6479	−0.720%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6489	−0.573%	$293K	$125K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6496	−0.460%	$10K	$635K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6492	−0.521%	$1K	—	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6481	−0.690%	$89K	$223K	25x	as long as short
Lighter MNT	+0.0296%	1h	0.6504	−0.339%	$140K	$70K	5x	as long as short
Kraken Futures PF_MNTUSDshort	+0.0319%	1h	0.6499	−0.421%	$17K	$20K	20x
Backpack MNT_USDC_PERP	+0.0746%	1h	0.6481	−0.690%	$41K	$45K	10x	as long as short